5 More Reverse Logistics Metrics to Track

GlobalTranz

Across returns supply chains—a core component of reverse logistics—the need to improve performance has never been higher. The post 5 More Reverse Logistics Metrics to Track appeared first on Transportation Management Company | Cerasis.

Reverse Logistics Companies: Using Metrics to Track Performance

GlobalTranz

The post Reverse Logistics Companies: Using Metrics to Track Performance appeared first on Transportation Management Company | Cerasis. Reverse Logistics reverse logistics companiesThe returns supply chain remains difficult to manage.

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What is Reverse Logistics?

GlobalTranz

What is reverse Logistics? Before we dive in the nuances of reverse logistics, otherwise known as return logistics, integration, let's briefly recap what reverse logistics is. How to Optimize Your Return Logistics Through Integration.

6 Benefits of Effective a Reverse Logistics System & The 9 Core RevLog Metrics to Track

GlobalTranz

While conventional logistics optimizes the flow of goods from producer to consumer, reverse logistics manages the processes for inverting that flow to deal with returned parts, materials and products from the consumer back to the producer. Thus, reverse logistics management has developed into a discipline that produces cost reductions, adds efficiencies and improves the consumer experience. 6 Benefits of an Effective Reverse Logistics System.

The importance of reverse logistics in your supply chain network

Kinaxis

by Iman Niroomand Reverse logistics is defined as the process of moving goods beyond their typical final destination for things like re-use, capturing value, or proper disposal. Supply chain executives measure the effectiveness of that flow using the on-time delivery (OTD) metric. All these processes require the product travel in reverse through your supply chain network. Reverse logistics has become even more important with the arrival of the e-commerce era.

Why Reverse Logistics Systems and Transportation Management Should Be Considered Together

GlobalTranz

Needs for efficient reverse logistics systems continue to increase as e-commerce claims greater market share, and as so many traditionally functioning businesses grow and inevitably incur increasing volume of returns. This presents opportunities for developing new revenue streams, an exciting challenge to logistics professionals. Need For Reverse Logistics Breeds Opportunity. Efficiently managing reverse logistics is a daunting challenge for many businesses.

Reverse Logistics: Who Does it Well?

Logistics Bureau

It would be tempting to think of reverse logistics as forward logistics done backwards. Reverse logistic isn’t simply a reverse gear. Reverse logistics can also have a dramatic effect on steering a company’s fortunes. Reverse logistics is therefore worth doing, and worth doing properly. Looking to real-life examples for inspiration, we can ask, ‘Who does reverse logistics well?’ Logistics

Overcoming Complacency: How to Drive Even More Supply Chain Metric Success

Talking Logistics

The four key methods here will help you drive more success as you bring the metrics to life on your warehouse floor: 1. Show the “story” of your metrics with quarterly and yearly growth charts; show how far you’ve come as a team over time. While most metrics stop at the output level, multiple layers of metrics in a Hoshin Plan actually determine if you’re even focusing on the right targets. A sense of complacency can lurk behind benchmarks.

Is Your Supply Chain A Cost Centre or a Value Creator?

Supply Chain Game Changer

Whatever your Industry you should be able to make comparisons to competitors, do benchmarking, and even compare yourself on key metrics across industries. The Supply Chain arranges for the appropriate logistics, and negotiates terms and conditions with Suppliers, audits Suppliers, and deals with quality strategies and issues. From the outbound perspective the Supply Chain also arranges logistics and delivery. Subscribe Here! Email Address.

The Ocean Plastics Environmental Crisis!

Supply Chain Game Changer

And where is the focus on reversing the poor attitudes which is needed to fix this situation? If we truly had an effective reverse logistics system in place for the recovery, recycling and reuse of plastics we certainly would not have a problem of this size. Subscribe Here!

What Supply Chain Data Should I Track in 2020?

Veridian Solutions

To ensure your company tracks the right supply chain data in 2020, approach data management from a critical view—considering its impact from procurement through outbound freight and even reverse logistics. Metrics and KPIs Supply Chain Supply Chain Data

Data 56

Top 15 Logistics Blog Posts of 2014

GlobalTranz

We continue our top blog posts of 2014 from our main categories today by focusing on something at Cerasis we are experts in : Logistics. If you are familiar with the term logistics, then you undoubtedly know it conjures up a different meaning to different people , different countries, and different companies even. There are countless number of logistics service providers who offer many different types of broad and niche services. Top 15 Logistics Blog Posts of 2014.

The 9 Key Considerations of an Effective Last Mile Logistics Strategy

GlobalTranz

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. Planning Is Essential To Have an Effective Last Mile Logistics Strategy. Logistics

What Is Vendor Management

The Supply Chain Journal

As stated by Gartner, vendor management involves locating the best vendor, establishing a contract, monitoring relationship metrics, determining the right balance of workflow, and also mitigating risk when working together. Tracking and analyzing essential KPIs and other metrics.

The 5 Most Popular Logistics Blog Posts for 2015….So Far

GlobalTranz

We will feature our 5 main categories all week: Logistics, Manufacturing, Supply Chain, Transportation, and Freight. Our goal is and will always be with the Cerasis blog to provide as much value through informative and education blog posts in several categories that are pertinent to those in the manufacturing, supply chain, logistics, and freight industries. 5 Most Popular Blog Posts from the Logistics Category. You will also learn: Interesting global logistics facts.

Study Shows Two-Thirds of Companies Yet to Execute Digital Transformation in Supply Chain Planning

ToolsGroup

Digital transformation is not seen as a singular activity but a set of interrelated activities that span across people, process, technology, policy, and metrics,” said George Fowler, group vice president in Spinnaker’s Supply Chain business unit. Spinnaker offers a unique service delivery model that combines the strength of deeply experienced management and technology consultants with a seasoned team of business process outsourcing (BPO) and 3rd-party logistics (3PL) professionals.

Study 131

5 fundamental ways to reduce Last mile Delivery Costs

Abivin

The term “last mile” is more than just a buzzword in the logistics and supply chain industry, concerning the transportation of goods to the final destination. You can measure your fleet performance with 5 key metrics for last mile delivery. Don’t forget Reverse Logistics Reverse logistics involve the process of delivering the desired goods to customers, receiving and sending back their unwanted products.

Defining and Implementing an Effective Transportation Strategy

Talking Logistics

In the first episode of this educational series focused on the link between transportation management and supply chain excellence, Chris Timmer of LeanLogistics (a Talking Logistics sponsor) outlined the attributes of a strong transportation management foundation and how to build it. Fundamentally, these and other metrics are key to understanding how to segment your supply chain, develop strategies, and then execute those strategies effectively.

Omnichannel Retail Requires Close Collaboration with Logistics Providers

Enterra Insights

Omnichannel logistics challenges. The expectation of instant consumer gratification has businesses scrambling to shore up their supply chain to ensure cost-effective on-time delivery, which is where omnichannel logistics comes into play.”[3] ”[3] Legacy staff members identify 9 top omnichannel logistics challenges businesses generally face. Lack of Inventory Visibility and Metrics. Reverse Logistics.

Technology and the Supply Chain: What Does the Future Hold?

Kinaxis

Big business are jumping on the bandwagon too – utilizing collaborative distribution, reverse logistics and cooperative sourcing to lower costs, improve efficiency and better optimize their supply chain. by Alexa Cheater Meet the Jetsons! Like any well-rounded child of the 80s, I grew up watching Saturday morning cartoons.

The Disintermediation of the Supply Chain!

Supply Chain Game Changer

A truly efficient and effective Supply Chain must include a strategy, plans, business processes, and performance metrics that incorporate disintermediation and the elimination of waste! Think about the typical set of objectives and metrics associated with managing a Supply Chain. Business Process Optimization Freight and Logistics Lean Process Improvement Procurement Supply Chain Management Productivity improvementSubscribe Here! Email Address.

What’s the ROI Of Transport and Logistics Providers & A TMS?

GlobalTranz

Much talk about sales, automation and improved processes dominate the conversation when considering outsourcing logistics processes to a transport and logistics providers or using a 3PL-based transportation management system (TMS). Often, the transport and logistics providers' reps claim initial returns may be as high as 25 percent, if not greater. In reality, the actual savings and return tend to be closer to 10 percent, reports Inbound Logistics.

9 Key Considerations in an Effective Last Mile Delivery Strategy

Supply Chain Game Changer

Understanding last mile logistics is only half the battle. Shippers need to reevaluate their existing last mile logistics processes and devise an effective last mile logistics strategy that aligns consumer and business expectation. In fact, an effective last mile logistics strategy must consider these nine key points. One of the first problems with creating a last mile logistics strategy is cost. Retail #ECommerce #SupplyChain #Logistics. Subscribe Here!

Leonardo da Vinci and Supply Chain Management

Enterra Insights

We have established business metrics and we love to quantify our business strategies. How can artificial intelligence improve logistics? What do I need to know about reverse logistics? Nikos Papageorgiou, Vice President of Solutions at Slync, explains, “Transactions in sourcing, manufacturing, logistics and distribution generate hundreds of millions of data points.

Turkey 100

Supporting sustainability in supply chains

EFT

However, achieving “that circular model on a national scale requires a very sophisticated reverse logistics engine” explained Nador. “We

The Elegance of the Costco Supply Chain!

Supply Chain Game Changer

Fewer SKUs and suppliers mean less complicated logistics. By working with suppliers to optimize the amount of product on a pallet Costco is able to reduce handling, maximize truck capacity utilization, and lower logistics costs. Subscribe Here! Email Address.

What Are White Glove Services in Transportation Management?

GlobalTranz

Furniture can easily snag and tear on the slightest hook in a doorway, and shippers need to consider using white glove logistics to deliver on the promise of providing exactly what a consumer wants. Part of the problem and challenge in offering white glove services in last mile logistics comes from setting unrealistic expectations. Use Metrics to Track Performance. Delivery Service and Reverse Logistics Are Part of White Glove Service Too.

Three Mega Trends Driving Supply Chain Transformations

TMC

Now, with a single, global TMS and cloud-based visibility, the Microsoft team gained real time metrics and KPIs with data that can be ingested live through machine learning models to predict potential impacts and disruptions. Their customer-centric supply chain is now supported through proactive disruption monitoring with push notifications, real-time visibility in all modes and regions, performance metrics, and on-demand reverse logistics capabilities.

Three Mega Trends Driving Supply Chain Transformations

TMC

Now, with a single, global TMS and cloud-based visibility, the Microsoft team gained real time metrics and KPIs with data that can be ingested live through machine learning models to predict potential impacts and disruptions. Their customer-centric supply chain is now supported through proactive disruption monitoring with push notifications, real-time visibility in all modes and regions, performance metrics, and on-demand reverse logistics capabilities.

Fix Your Retail Supply Chain to Make the Last Mile Count

Logistics Bureau

Last mile might be the latest buzzword (or buzzwords) in logistics, but not without good reason. It’s not just about the logistics providers you work with or whether you insource or outsource your distribution. With a 3PL, you may be able to gain a reasonable degree of control over driver behaviour if you negotiate a contract that includes appropriate customer service commitments from the logistics provider. Outsourcing your reverse logistics as an entire process.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

However, despite formidable challenges, the logistics industry has been anything but stagnant. Value-added services like customs brokerage, insurance, and reverse logistics add layers of complexities well beyond the scope of a carrier’s core competence. Second are the capital rich tech giants like Amazon and Alibaba, both of whom are increasingly moving into the logistics space. The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online.

The Digital Freight Ecosystem Part 2: What’s Bringing Freight Online

Freightos

However, despite formidable challenges, the logistics industry has been anything but stagnant. Value-added services like customs brokerage, insurance, and reverse logistics add layers of complexities well beyond the scope of a carrier’s core competence. Second are the capital rich tech giants like Amazon and Alibaba, both of whom are increasingly moving into the logistics space. The Digital Freight Ecosystem. Part 2: What’s Bringing Freight Online.

50 Most Read Articles of All Time in Manufacturing, Supply Chain, Logistics, Transportation, & Freight

GlobalTranz

Since today is the last day of the year before we all get ramped up towards a productive 2016 and after finishing out top 10 most read articles in each of our five main categories ( Manufacturing , Supply Chain , Logistics , Transportation , & Freight ) we wanted to give you all a treat and list the top 50 most read articles of all time from the Cerasis blog. INFOGRAPHIC] Top 10 Logistics and Supply Chain Facts of 2014. Layers of Logistics Explained. Happy New Year!

Black Friday, Cyber Monday, & Holiday Peak Season Success Built on WMS Efficiency

Veridian Solutions

warehouse is 34 years old, explains Michelle Fischer via Inbound Logistics. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Extensive logistics solutions. The natural next function of a WMS bridges warehouses with the way merchandise gets to stores and consumers, the logistics network. Also, reverse logistics plays a huge role in successful holiday supply chain management, given up to 50 percent of purchases may result in returns.

Black Friday, Cyber Monday, & Holiday Peak Season Success Built on WMS Efficiency

Veridian Solutions

warehouse is 34 years old, explains Michelle Fischer via Inbound Logistics. A Guide to the Warehouse Metrics Supply Chain Execs Should Track. Extensive logistics solutions. The natural next function of a WMS bridges warehouses with the way merchandise gets to stores and consumers, the logistics network. Also, reverse logistics plays a huge role in successful holiday supply chain management, given up to 50 percent of purchases may result in returns.